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Con-way Multimodal has been created to provide expanded freight brokerage capabilities and services in the third-party logistics and multimodal freight transportation business. Based in Portland, Ore., Con-way Multimodal operates as a division of one of Con-way's three primary operating units, Menlo Worldwide Logistics, which annually manages more than $1bn in transportation spend for its customers. The company's reach will extend throughout the United States and into Canada and Mexico.
Con-way Multimodal succeeds the company's previous brokerage operation, known as Con-way Truckload Services. Menlo says existing relationships with both small and large third-party carriers across the United States--coupled with the technology, customer relationships and purchasing power of the Con-way enterprise--provide shippers with reliable capacity, planning flexibility and access to a broad range of transportation and logistics services.
"The relaunching and expansion of our truckload brokerage company and its new leadership will help accelerate our growth in this segment with a strong market offering and a clearly defined and delineated brand," says Douglas W. Stotlar, Con-way president and CEO. "The flexibility inherent in brokerage operations is a key component of the capacity mix for many shipping customers. Delivering an effective, scalable capability, with a solid base of reliable third-party carriers, is a natural fit that complements our enterprise business portfolio."
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